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Bobby Nichols-Fiddlesticks Foundation Inc

RegisteredEIN 04-3649766Fort Myers, FLGrant-making and general purposes
Income$1.9m2023-12
Spending$1.7msame year
Spent / received97%5-year average
Size in its cause86th pctGrant-making and general purposes
Exempt since2003Publicly supported organisat
Employees0latest return

Analysis

Bobby Nichols-Fiddlesticks Foundation Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bobby Nichols-Fiddlesticks Foundation Inc reported income of $1.9m and spending of $1.7m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.9m (+55%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bobby Nichols-Fiddlesticks Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Michael and Christine Farah Family Foundation ($1.9m), Three Valleys Community Foundation ($1.9m) and Waterfall Foundation Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $622k against liabilities of $0, net assets of $622k.

Income and spending

$0$501k$1.0m$1.5m$2.0m2019 Income: $1,197,9582019 Spending: $1,099,36520192020 Income: $1,397,9842020 Spending: $1,156,46820202021 Income: $1,755,0572021 Spending: $1,415,18620212022 Income: $1,439,8562022 Spending: $2,004,40020222023 Income: $1,854,9022023 Spending: $1,734,6712023
IncomeSpending

Where the income comes from

  • Contributions & grants 81%
  • Other 19%

Similar-sized charities, same cause

CharityLocationIncome
Michael and Christine Farah Family FoundationCosta Mesa$1.9m
Three Valleys Community FoundationPleasanton$1.9m
Waterfall Foundation IncAtlanta$1.9m
United Way of Ulster County IncKingston$1.9m